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Published on 6/2/2008 in the Prospect News Distressed Debt Daily.

Diamond Glass posts $474,407 April net loss

By Caroline Salls

Pittsburgh, June 2 - Diamond Glass, Inc. reported a $474,407 April net loss on $16.34 million in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

As of April 30, the company had $2.69 million in cash and cash equivalents.

Diamond Glass, a Kingston, Pa., automotive glass replacement and repair company, filed for bankruptcy on April 1. Its Chapter 11 case number is 08-10601.


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